Gary
DP Veteran
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I'm not making up number Gary. I actually bother to know what the heck I'm talking about.
View attachment 67122122
Now, these numbers are from the US Government. The one making up numbers son, is you.
The one making up numbers son, is you.
Don't call me son!
So you know what the heck you're talking about. Then, prove this:
Originally Posted by MrVicchio
We cannot afford SS and Medicare. Hate to break it to you son, but those programs eat up roughly 35-40% of the CURRENT budget that we have to borrow trillions to pay for. Add in welfare, foodstamps, and Medicaide and guess what? You breach 60% of the budget just on social programs ALONE
Think about that for a moment. +60% of the budget is taking money from one group of people, and giving to others. But to do this, we have borrowed over 17 TRILLION Dollars. You can blather about military spending and wars till you turn blue in the face, the numbers however are not on your side as to the cause of our debt. Neither is the idiotic line of "The rich need to pay their fair share!"
ALL Social Programs have become voter bribes, and we cannot afford them any more. But go on, keep pushing for them, spend more! Borrow more, economic calamity is that way, and you seem eager for it.
Originally Posted by MrVicchio
This is more dreaming on your part. SS is all ready in the red. (I.E. it's paying out more then it's taking in) It's also what economist, call an unfunded liability... yeah, we have over 100,000,000,000,000.00 in unfunded liabilities coming due oh, in the next 30 years or so. Toss in Obamacare and well...
The Off-Budget items of Social security and Medicare had a surplus of $240,612,000,000 in 2011. Check Table 1.1!